Bid Banana
PricingBid helpAPILog inStart free trial
Log inStart free trial

Learn more

  • Missouri guideMissouri Bids and Bidding Guide
  • Before you submitBid Response: 3 Common Mistakes When Submitting an RFP
More insurance bids →Must-win bid? Bring in The Bid Lab →
Bid Banana
SearchPricingBid helpBrowse bidsAPISupportFAQPrivacy PolicyTerms of UseAI Use Policy

This website and its content is copyright of The Bid Lab © 2026. The Bid Lab is a trademark of Bid Lab, LLC. All rights reserved.

  1. Bid Banana
  2. ›Closed bids
  3. ›Missouri
  4. ›Insurance
  5. ›Procurement of insurance coverage: Basic Life, Optional…

Awarded contract·Columbia Public Schools·Missouri

Procurement of insurance coverage: Basic Life, Optional (Voluntary) Life, Short‑Term Disability (STD), and Long‑Term Disability (LTD) for Columbia Public School District employees

Won by New York Life$1.7MSingle Award
Contract source

Awarded vendors

  • New York Life

Description

This contract awards the Columbia Public School District the provision of employee benefit insurance covering basic life, optional voluntary life, short‑term disability, and long‑term disability for roughly 2,600 eligible staff. The district sought to maintain current benefit levels while achieving cost efficiency and administrative simplicity, receiving six proposals and selecting New York Life based on favorable per‑$1,000 coverage pricing, lack of age‑rating, and streamlined enrollment. • Scope: Provide $25,000 basic life & AD&D, $150k‑$500k voluntary life, $1,500 weekly STD, and $10,000 monthly LTD coverage. • Term: Three‑year period (1 Jan 2025 – 31 Dec 2027). • Cost: Basic life premium $19.50 per employee annually; total contract value not disclosed, but the structure implies per‑employee unit pricing. • Eligibility: Automatic for employees working ≥ 25 hours/week; voluntary options open to all non‑enrolled employees. • Evaluation criteria emphasized cost per $1,000 of coverage and no manual enrollment, indicating a preference for low‑administrative‑overhead solutions.

Attached files

Key dates

Bids closed
4/24/2024
Starts
1/1/2025
Ends
12/31/2027
Duration
3 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Insurance
NAICS
524113
Solicitation №
C-25020

Contract value

$1,700,000

The summary gives only the basic life premium of $19.50 per employee per year and states roughly 2,600 eligible employees. Assuming each employee pays that amount for the three‑year term yields $19.50 × 2,600 × 3 ≈ $152,100 for basic coverage. Voluntary life, STD, and LTD premiums are not disclosed, but typical group rates for such benefits often range from $150 to $250 per employee per year. Using a midpoint of $200 per employee per year for the voluntary components adds $200 × 2,600 × 3 ≈ $1,560,000. Adding the basic‑life cost gives an estimated total contract value of roughly $1.7 million over the three‑year period. This estimate assumes average utilization of voluntary benefits and does not account for potential employee contributions that could reduce the district’s outlay.

AI estimate from the award documents

Similar open opportunities

Matched by Bid Banana AI™

Tempe Union High School District·Arizona

Top match · 78%

Employee Benefits- Life/STD/FSA/HSA/COBRA

Closes 11/19/2026Opened 10/20/2026

The School Board of Broward County, FL - Procurement & Logistic Operations·Florida

77% match

Voluntary Supplemental Insurance For School Board Employees

Closes 11/2/2026Opened 10/6/2026

City of St. Petersburg·Florida

77% match

Insurance, Group Life and Disability

Closes 11/24/2026Opened 10/28/2026

County of Dane·Wisconsin

75% match

Short Term/Long Term Disability & Long Term Disability Only Services

Closes 11/6/2026Opened 9/23/2026

Colorado Department of Personnel & Administration·Colorado

75% match

Short-Term and Long-Term Disability Benefits

Closes 11/18/2026Opened 10/19/2026

New York City Department of Education·New York

74% match

R1894 - Requirements Contracts for Public School Athletic League Insurance and Benefits

Closes 12/9/2026Opened 10/16/2026

Leander ISD·Texas

74% match

Voluntary Employee Benefits Service Providers

Closes 6/29/2029Opened 6/12/2024

New York City Department of Education·New York

74% match

Requirements Contracts for Public School Athletic League Insurance and Benefits

Closes 12/9/2026Opened 10/15/2026

State University of New York (SUNY)·New York

73% match

Life, AD&D & LTD Insurance Services

Closes 12/1/2026Opened 10/30/2026

Fashion Institute of Technology·New York

73% match

RFP C1757 - Basic Life and Accidental Death and Dismemberment (AD&D), Voluntary Life and Long-Term Disability (LTD) Insurance

Closes 12/1/2026Opened 10/28/2026

Pasadena ISD·Texas

73% match

Medical and Rx Stop Loss Coverage for Self-Funded Health Plan

Closes 11/4/2026Opened 10/21/2026

State of Tennessee·Tennessee

73% match

Life and Accidental Death and Dismemberment Insurance

Closes 11/18/2026Opened 8/20/2026

Texas Pasadena ISD·Texas

73% match

Fully Insured Medical and Prescription Drug Benefits Plan

Closes 11/4/2026Opened 10/21/2026

Pasadena ISD·Texas

73% match

Fully Insured Medical and Prescription Drug Benefits Plan

Closes 11/4/2026Opened 10/21/2026

Pasadena ISD·Texas

73% match

Fully Insured Medical and Prescription Drug Benefits Plan

Closes 11/4/2026Opened 10/21/2026

Texas Schertz-Cibolo-Universal City ISD·Texas

72% match

Stop Loss Insurance

Closes 11/13/2026Opened 10/23/2026

Georgetown ISD·Texas

72% match

Special Education Contracted Services

Closes 9/1/2028Opened 9/18/2024

North Carolina Harnett County Schools·North Carolina

72% match

RFP-2026-21 Voluntary Benefits, Section 125 Flexible Benefit Plan, Enrollment and Related Employee Services

Closes 11/13/2026Opened 10/20/2026

State of Tennessee·Tennessee

72% match

Life and Accidental Death and Dismemberment Insurance

Closes 11/18/2026Opened 8/20/2026

Texas Pasadena ISD·Texas

71% match

Medical and Rx Stop Loss Coverage for Self-Funded Health Plan

Closes 11/4/2026Opened 10/21/2026

City of Terre Haute·Indiana

71% match

Property and Casualty Insurance

Rolling / TBD closeOpened 10/1/2026

Department of Behavioral Health and Developmental Disabilities·South Carolina

71% match

Notice of Intent to Sole Source – Department of Behavioral Health and Developmental Disabilities

Rolling / TBD closeOpened 7/28/2026

Northwest ISD·Texas

71% match

Software Licenses, Online Subscriptions, and Software Support

Closes 10/30/2028Opened 11/3/2025

Pasadena ISD·Texas

71% match

Medical and Rx Stop Loss Coverage for Self-Funded Health Plan

Closes 11/4/2026Opened 10/21/2026

Mesquite ISD·Texas

71% match

Special Education Contracted Services

Closes 5/20/2031Opened 5/21/2026